Monthly Archives: July 2018

Silver: White metal extends its losses in the morning session

Posted on July 3, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.36% against the USD and closed at USD15.91 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.89, with silver … Continue reading →

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Gold: Yellow metal trading on weaker footing in the Asian session

Posted on July 3, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.78% against the USD and closed at USD 1242.80 per ounce, as strength in US dollar and US equities, dented demand for the safe haven asset. In the Asian … Continue reading →

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AUD/USD: RBA maintains key interest rate unchanged for a 23rd consecutive month

Posted on July 3, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.76% against the USD and closed at 0.7339. LME Copper prices declined 0.8% or $51.0/MT to $6595.0/MT. Aluminium prices declined 1.4% or $30.0/MT to $2153.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie extends its losses in the morning session

Posted on July 3, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CAD and closed at 1.3186. In the Asian session, at GMT0300, the pair is trading at 1.3198, with the USD trading 0.09% higher against the … Continue reading →

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USD/CHF: Swiss retail sales unexpectedly falls in May

Posted on July 3, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CHF and closed at 0.9935. The Swiss Franc declined against the dollar, after Switzerland’s real retail sales unexpectedly fell 0.1% on an annual basis in … Continue reading →

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USD/JPY: Japanese yen trading a tad lower in the Asian session

Posted on July 3, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the JPY and closed at 110.84. In the Asian session, at GMT0300, the pair is trading at 110.88, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: Britain’s manufacturing PMI surprisingly increased in June

Posted on July 3, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.3141. On the data front, UK’s Markit manufacturing PMI unexpectedly rose to a level of 54.4 in June, defying market expectations … Continue reading →

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EUR/USD: Euro-zone’s manufacturing activity eased to an 18-month low level in June

Posted on July 3, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.16% against the USD and closed at 1.1640, amid political uncertainty in Germany concerning the migration policy. Macroeconomic data revealed that Euro-zone’s final Markit manufacturing PMI dropped to … Continue reading →

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Crude Oil: Oil trading lower in the Asian session, amid rising Saudi output

Posted on July 2, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.35% against the USD and closed at USD74.29 per barrel on Friday, amid concerns that US sanctions against Iran would reduce a substantial volume of crude oil … Continue reading →

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Silver: White metal reverses its gains in the morning session

Posted on July 2, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.53% against the USD and closed at USD16.15 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.09, … Continue reading →

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Gold: Yellow metal trading on a weaker footing in the Asian session

Posted on July 2, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.25% against the USD and closed at USD1253.20 per ounce on Friday, amid weakness in greenback. In the Asian session, at GMT0300, the pair is trading at 1252.00, with … Continue reading →

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